Tien Li Offshore Wind Technology Co (ROCO:6793) Interest Expense : NT$-16 Mil (TTM As of Dec. 2023)

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What is Tien Li Offshore Wind Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tien Li Offshore Wind Technology Co's interest expense for the six months ended in Dec. 2023 was NT$ -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was NT$-16 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Tien Li Offshore Wind Technology Co's Operating Income for the six months ended in Dec. 2023 was NT$ 49 Mil. Tien Li Offshore Wind Technology Co's Interest Expense for the six months ended in Dec. 2023 was NT$ -8 Mil. Tien Li Offshore Wind Technology Co's Interest Coverage for the quarter that ended in Dec. 2023 was 6.05. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Tien Li Offshore Wind Technology Co Interest Expense Historical Data

The historical data trend for Tien Li Offshore Wind Technology Co's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tien Li Offshore Wind Technology Co Interest Expense Chart

Tien Li Offshore Wind Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-6.58

-6.98

-19.25

-45.97

-16.22

Tien Li Offshore Wind Technology Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial							-15.64	-22.89	-23.08	-8.09	-8.13

Tien Li Offshore Wind Technology Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$-16 Mil.

Tien Li Offshore Wind Technology Co (ROCO:6793) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Tien Li Offshore Wind Technology Co's Interest Expense for the six months ended in Dec. 2023 was NT$-8 Mil. Its Operating Income for the six months ended in Dec. 2023 was NT$49 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was NT$328 Mil.

Tien Li Offshore Wind Technology Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	49.23	/	-8.131
	=	6.05

The higher the ratio, the stronger the company's financial strength is.

Tien Li Offshore Wind Technology Co (ROCO:6793) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tien Li Offshore Wind Technology Co Ltd (ROCO:6793) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Minsheng East Road, 3rd Floor, No. 131, Section 3, Songshan District, Taipei, TWN, 10596

Website

https://www.tien-li.com

Tien Li Offshore Wind Technology Co Ltd specializes in the development and production of wind turbine blades, nacelle covers and molds, as well as blade performance improvement and blade maintenance.

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